Answer:
Just-in-time (JIT).
Explanation:
In this scenario, Crown Holdings Inc. manufactures a high-resolution, full-color digital inkjet printed cans that allows smaller beverage producers to label the cans as they are needed to be filled rather than keeping a stock of preprinted cans. This is an example of how a beverage company could use just-in-time.
Just-in-time (JIT) is an inventory management method used by a company wherein goods, products, components, and labor are made available exactly when needed or just few hours before they are needed in the production process.
It is an inventory management system that is adopted by companies to reduce wastage to the barest minimum and to increase operational efficiency as goods, materials and labor are scheduled for arrival when needed in the production line. Consequently, this would help to reduce or cut costs associated with storage of materials and inventory costs.
Between the 1960s and 1970s, The concept of just-in-time was developed by Toyota in Japan.
<em>Additionally, in order to maximize the benefits of the just-in-time method, it is very important and essential that their is a proper synchronization between the manufacturer (small beverage producers) and the supplier (Crown Holdings Inc.); manufacturing cycles and the delivery of goods, materials and labor. </em>
Answer:
Place
Explanation:
In the Scenario, the fact that the "Y" is open from 6:00 am until 11:00 pm is most directly related to the place element of its marketing mix.
The elements of the marketing mix, generally referred to as the 4 P's includes Product, Price, Place, and Promotion.
The scenario changing hours open for business does not relate to its price, neither has it got anything to do with promotion adverts in the newspaper or other media. It does not also imply changes in product features but means that the place where the product or service can be bought is now more available to customers.
Answer:
The answer is 12,800
Explanation:
This is the answer because if you divide 38,400 by 3 you will get 12,800
38,400÷3=
12,800
Answer:
The adjusted cash balance per books at August 31 is $10,705
Explanation:
The computation of the adjusted cash balance per books on August 31 is shown below:
= Cash balance per books + interest earned on checking account balance - charge for printing Crane Company checks
= $10,700 + $40 - $35
= $10,705
We simply added the interest earned and deducted the printing charges to the cash balance as per books, and we ignored outstanding checks as it is to be adjusted while computing the adjusted bank balance
